| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $67M | $59M | $52M | 14.0% | 29.3% |
| Op. Income | $14M | $22M | $5M | -36.7% | 200.9% |
| Gross Margin | 63.0% | 69.1% | 41.8% | -6.1pp | 21.2pp |
| Net Margin | 17.4% | 31.8% | 8.2% | -14.4pp | 9.2pp |
| EPS (Diluted) | $0.33 | $0.58 | $0.13 | -43.1% | 153.8% |
| Free Cash Flow | $13M | $21M | $20M | -40.2% | -36.6% |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $210.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $14M |
| Operating Expenses | $28M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $14M |
| Interest Income | $65M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $1M |
| EBIT | $14M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $210.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $14M |
| Operating Expenses | $28M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $14M |
| Interest Income | $65M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $1M |
| EBIT | $14M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $828.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$257.0K |
| Acquisitions (Net) | $14M |
| Purchases of Investments | -$107M |
| Sales/Maturities of Investments | $129M |
| Other Investing Activities | -$71M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | -$61M |
| Common Stock Repurchased | -$250.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $86M |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $182.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $173M |
| Short-Term Investments | $517M |
| Net Receivables | $21M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $710M |
| PP&E (Net) | $35M |
| Goodwill | $156M |
| Intangible Assets | $7M |
| Long-Term Investments | $4.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $193M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.6B |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $732M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $773M |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $469M |
| Additional Paid-In Capital | $17M |
| Retained Earnings | $220M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $682M |
| Minority Interest | $0 |
| TOTAL EQUITY | $682M |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $749M |
| Net Debt | $576M |
